IBM gets lift from software, AI demand as consulting slips Yahoo Finance
News Source : Yahoo Entertainment
News Summary
- IBM beat analysts' estimates for second-quarter revenue and raised its annual growth forecast for its software business
- Big Blue's shares rose about 3% in extended trading, set to add to their year-to-date gains of about 12% from a rally in stocks of AI-linked companies
By Arsheeya Bajwa(Reuters) IBM beat analysts estimates for secondquarter revenue and raised its annual growth forecast for its software business on Wednesday, riding on higher AIlinked spending [+2336 chars]
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